If there was ever an industry that’s required to protect data, it’s financial services.
Customers rely on brokerages, advisors, accountants, and even insurance agents to keep their information safe, secure, and confidential.
Well before the stay-at-home mandates of the pandemic, state regulators and the Securities and Exchange Commission were issuing stronger guidelines for financial advisor cybersecurity.
“First and foremost, regulators want to have confidence that an advisory firm understands its cybersecurity risks based on its business model, types of clients and key vendors.” Mark Alcaide, Senior Managing Director, Consulting, Foreside
Foreside’s Mark Alcaide, Senior Managing Director, Consulting provided commentary on Risk Mitigation and Phishing Attempts around advisors. Read his full comments in US News & World Report HERE.